Mongolian Economy and Finance

The first round of the Mongol Skill 2014 competition took place on Monday with over 20 teams competing. The second round will be held in May.

The national minimum wage has been set to 192,000 MNT as agreed by a three-party negotiation between the labor unions, employers and the Government of Mongolia.

The Ministry of Labor and Social Welfare announced previously the nationwide re-set of the minimum labor wage.

Participants of the Second Economic Research Forum, recently held in Ulaanbaatar on July 2 and 3, stressed that the negative tendency in Mongolia’s labor market needs to be changed and long-term policy must be formulated for its recovery.

Mongolian workers of Petro China Daqing Tamsag have been on strike demanding two requirements; a salary increase and a better working environment since Saturday May 25th.

The Ministry of Labor last week released a report on labor statistics, which says that over 12,000 workers from 103 countries are currently employed in Mongolia.

Hogan Lovells Michael Aldrich and Chris Melville Mongolia February 18 2013

Over 4,000 job hunters who want to earn money to make their life better are registered at Ulaanbaatar Labor Office.

During Saturday`s Cabinet meeting the issue of importing workforces in 2013, and the proportion of qualified personnel among them and extension of workforce agreements for large construction projects and programs was discussed.

Australian Prime Minister Julia Gillard ’s Labor Party lost power in elections in the Northern Territory after 11 years in office.

Ulaanbaatar, Mongolia /MONTSAME/ Mongolia is marking the World Day Against Child Labor which was initiated by the International Labor Organization (ILO) in 2002.

According to the US Bureau of Labor Statistics, “there are two main types of social workers: direct-service social workers, who help people solve and cope with problems in their everyday lives, and clinical social workers, who diagnose and treat mental, behavioral, and emotional issues.”

Fikre Degife, Ethiopian Airlines’ Chief Representative Regional Director of Sales & Services for Mainland China, Mongolia, and North Korea, made time during the Chinese Tourism Trade Fair in Beijing to catch up with the Seychelles Minister responsible for Tourism & Culture, Alain St.Ange, and the island’s Tourism Board’s CEO, Elsia Grandcourt, to discuss the airlines continued support of Seychelles in China.

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet decided on Wednesday to issue a governmental resolution to approve the 4th national program on improving labor safety and healthy environment.

The Ministry of Social Welfare and Labor and the Women’s United Association (WUA) group “National Harmony” jointly organized a conference aimed at improving working conditions for vendors in open markets.

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet approved on Tuesday the rule of the National Council of Employment (NCE).

Ministry of Social Welfare and Labour in collaboration with mining sectors are organizing a meeting under the topic “Labour Safety and Hygiene of Miners and Micro-Miners”.

Ulaanbaatar, Mongolia /MONTSAME/ The meeting themed “Labour safety, hygiene issues in mining and micro mining and future goals” is running October 27-28, supported by the Ministry of Social welfare and labour and the International labour organization.

Ulaanbaatar, Mongolia /MONTSAME/ A national program on abolishing the worst forms of child labor was approved by the cabinet at a meeting held on Wednesday.

Ulaanbaatar, Mongolia /MONTSAME/ The Cabinet meeting on Wednesday decided to set up One point service center in Republic of Korea.